Restaurant with Commercial
New
For Sale
$114,800
2151 E Dublin Granville Road K, Columbus, OH 43229
The food-service space includes a bakery setup and equipment offered with the sale.
Property Size2,140 SF
Price / SF$130.16
Days on Market3
Property Features for 2151 E Dublin Granville Road K
General Information
Standard status
Active
Size
2,140 SF
Property subtype
Retail
Site & Location
Neighborhood
Northland
Highway Access
Yes
Additional Details
Business Included
Yes
Equipment Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$22,644
Building Details
Building Size
2,140 SF
Listing Agency:
Red 1 Realty
Listed By:
Farzin Zarandi
(614) 356-3245
Source:
Rollsrealty
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 3:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Red 1 Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 882-square-foot restaurant space at 2151 E Dublin Granville Road includes a commercial kitchen and bakery setup. Kitchen and bakery equipment are included in the sale, supporting food preparation within the existing restaurant layout.
The property is in Columbus, near Polaris and I-71. The surrounding area includes established residential neighborhoods, schools, office buildings, and national retailers. The address is 2151 E Dublin Granville Road, K, Columbus, OH 43229.
The property is in Columbus, near Polaris and I-71. The surrounding area includes established residential neighborhoods, schools, office buildings, and national retailers. The address is 2151 E Dublin Granville Road, K, Columbus, OH 43229.
Key Highlights
- 882 square feet of restaurant space
- Commercial kitchen and bakery setup
- Kitchen and bakery equipment included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,545
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,900
$190.9K
Cap Rate 7%
$136,357
$136.4K
Cap Rate 9%
$106,056
$106.1K
Market Conditions
NOI Build-Up for 882 SF
Gross rent
$13.8K $15.60/SF
− Vacancy
−$1.0K −$1.17/SF
EGI
$12.7K $14.43/SF
− OpEx
−$3.2K −$3.61/SF
NOI
$9.5K $10.82/SF
Area
ZIP 43229
Vacancy
7.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,900
Cap Rate 7%
$136,357
Cap Rate 9%
$106,056
Alternative Uses
Best Use
Industrial
$182.9K
$160.0K – $213.4K
NOI $12,802 @ 7.0% cap · market cap 11.15%
Second Best
Specialty Retail
$136.4K
$119.3K – $159.1K
NOI $9,545 @ 7.0% cap · market cap 8.31%
Theoretical Best
Warehouse
$222.1K
$194.3K – $259.1K
NOI $15,546 @ 7.0% cap · market cap 13.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43229, OH
54,310
Population
23,290
Households
2.3
Avg Household Size
34
Median Age
24%
College-Educated
83%
High-School Grad
9.0 sq mi
ZIP Area
6,034
Density / Sq Mi
$53,430
Median Household Income
$35,181
Median Earnings
$1,082
Median Rent
$210,600
Median Home Value
Market
Vacancy Rate% for Retail in Columbus, OH
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The food-service space includes a bakery setup and equipment offered with the sale.
Where is this conventional restaurant located?
The property is located at 2151 E Dublin Granville Road K Columbus, OH.
What is the asking price?
The asking price for this property is $114,800.
What are key features of this property?
This property features: 882 square feet of restaurant space; Commercial kitchen and bakery setup; Kitchen and bakery equipment included in the sale
